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Jul 09

TECHNICAL ANALYSIS BY NSFX 09.07.2013

By:admin

High:  Low: 

The pair bounced back from the 1.28-figure yesterday and closed back above the short term trend line from 2013 lows. Momentum is still skewed to the downside. A close below 1.28 would open up for a re-test of 2013 lows at 1.2754 and then the lows from November 2012. Upside, we still need a move back above 1.30 to turn to positive sentiment.

R3
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R1
S1
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S3